ZENITH COMPANY
Statement of income and comprehensive income
For the year ended December 31, 20X1

---

 

Sales	$450,000
Cost of goods sold	300,000
Gross Margin	$150,000
Operating expenses	50,000
Net Income	$100,000
Other comprehensive income, net of income tax:
Unrealized losses on marketable securities	(20,000)
Comprehensive income	$ 80,000 =======